4:05 PM,
Oct. 18, 2012

Backyard Burgers has filed bankruptcy.

Written by

The Tennessean

According to court records, the burger chain has up to $10 million in assets and as much as $50 million in liabilities.

In a release, Back Yard Burgers officials said the Chapter 11 filing was the final phase of a plan to restructure the company's debt, reduce its operating expenses and position it for future growth. ...